Money and Computing
Don't Overlook Pharmacy, Software Developing, Civil Engineering; Jobs With the Largest Gender Pay Gaps are in Finance, Sales
Several health professions, such as physicians and surgeons, nurse anesthetists, and dentists, are among the highest-paying occupations for women. Pharmacists boast one of the lowest pay gaps between men and women. Full-time, year-round female pharmacists earned 97 cents for every dollar male pharmacists earned. Other professions, including finance and sales, show the largest wage gap between men and women. more »
Economic Research from the St. Louis Fed Reserve Bank: What Are Teachers Really Paid? Adjusting Wages for Regional Differences in Cost of Living
Strikes by teachers in West Virginia, Oklahoma, Kentucky, Arizona, and Colorado have highlighted differences in teachers' wages across the country. Teachers in these states have lower-than-average annual wages but also lower-than-average cost of living (COL)... Real wages are lower in high-amenity places because the amenities are part of the workers' compensation. This helps to explain why places such as Hawaii, Florida, Arizona, North Carolina, and Colorado, which are all high-sunshine states, tend to have lower real wages for most occupations, including teachers. more »
Regret is a Gambler's Curse: “If you don’t feel any regret, you are getting close to the world of addictive or antisocial behavior”
“Right after making a choice and right before finding out about the outcome, the brain is replaying and revisiting nearly every feature of what happened during the previous decision,” said senior author Ming Hsu, an associate professor in the Haas School of Business and Helen Wills Neuroscience Institute at UC Berkeley. “Instead of ‘I just gambled but maybe I shouldn’t have,’ it is, ‘Last round I gambled and that was a really good choice.’ Or, ‘I played it safe last time but should have gone for it.’” more »
Shaping America at the American Precision Museum: How the Machinists and Tool Builders Influence American History
"Our exhibit, Shaping America, explores how the machinists and tool builders of this region's 'Precision Valley' influenced the course of American history, helping drive rapid industrialization, the emergence of the United States as a world power, and the development of our consumer culture. The Tool Revolution tells the story of innovators in Windsor, Vermont, in the 1840s at the forefront of the push to create interchangeable parts and the American System of Manufacturing. more »
